Liberty Global (NASDAQ:LBTYB) Shares Gap Down – What’s Next?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Thursday . The stock had previously closed at $13.15, but opened at $12.50. Liberty Global shares last traded at $12.7750, with a volume of 240 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Global currently has a consensus rating of “Sell”.

Liberty Global Stock Performance

The company’s fifty day simple moving average is $12.40 and its two-hundred day simple moving average is $13.30. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $4.43 billion, a P/E ratio of -1.45 and a beta of 0.42.

Liberty Global (NASDAQ:LBTYB) last posted its earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59). Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 billion.

Hedge Funds Weigh In On Liberty Global

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC purchased a new position in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds own 0.47% of the company’s stock.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that owns, operates and invests in broadband, mobile, fixed-line voice and video businesses. Its consumer services generally include high-speed internet, mobile connectivity, digital television and related communications products, delivered through established regional brands.

The company’s principal activities are concentrated in Europe. Liberty Global has interests in communications businesses serving customers in the United Kingdom, the Netherlands, Belgium and Switzerland, including Virgin Media O2 in the U.K., VodafoneZiggo in the Netherlands, Telenet in Belgium and Sunrise in Switzerland.